Latham & Watkins Advises AGent Energy in US$11 Million Seed Financing
AGent Energy, a trailblazing developer of AI‑driven distributed power plants, has announced it has closed a US$11 million Series Seed financing co‑led by Spero Ventures and MassMutual Ventures, with participation from Intrepid Investment Management and existing investors CIV and Zero Infinity Partners (ZIP). The round follows a US$6 million financing from CIV and ZIP, which closed within two months of founding, bringing AGent's total funding to US$17 million in its first 12 months. It's a striking vote of confidence in behind‑the‑meter generation as the next great frontier of US energy infrastructure.
Latham & Watkins LLP advised AGent Energy in the transaction with an Emerging Companies & Growth team led by Boston partner Spencer Ricks and counsel Naomi Smith, with associate Maayan Chinn.